Donnelley Financial Solutions, Inc. (NYSE:DFIN – Get Free Report) Director Jeffrey Jacobowitz sold 114,655 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $67.42, for a total value of $7,730,040.10. Following the completion of the transaction, the director now owns 1,008,206 shares of the company’s stock, valued at approximately $67,973,248.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Jeffrey Jacobowitz also recently made the following trade(s):
- On Wednesday, September 18th, Jeffrey Jacobowitz sold 73,354 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $69.45, for a total value of $5,094,435.30.
Donnelley Financial Solutions Stock Performance
Shares of NYSE DFIN opened at $67.00 on Monday. The firm’s 50-day moving average price is $65.82 and its 200-day moving average price is $62.73. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.41. The company has a market cap of $1.96 billion, a PE ratio of 20.43 and a beta of 1.36. Donnelley Financial Solutions, Inc. has a 52-week low of $50.75 and a 52-week high of $71.01.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in DFIN. CWM LLC grew its position in shares of Donnelley Financial Solutions by 72.3% during the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after acquiring an additional 198 shares during the period. Quarry LP lifted its position in Donnelley Financial Solutions by 492.9% during the second quarter. Quarry LP now owns 747 shares of the company’s stock valued at $45,000 after purchasing an additional 621 shares in the last quarter. nVerses Capital LLC bought a new stake in Donnelley Financial Solutions during the second quarter valued at about $48,000. Quest Partners LLC bought a new stake in Donnelley Financial Solutions during the second quarter valued at about $197,000. Finally, Caprock Group LLC bought a new stake in Donnelley Financial Solutions during the second quarter valued at about $201,000. 93.84% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
DFIN has been the topic of a number of recent analyst reports. Needham & Company LLC raised their price target on shares of Donnelley Financial Solutions from $72.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, August 1st. DA Davidson raised their price target on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, August 1st.
Read Our Latest Stock Report on DFIN
About Donnelley Financial Solutions
Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).
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